IMF to talk to Pakistan parties on bailout deal ...Kuwait

News by : (The New Arab) -
The International Monetary Fund (IMF) will seek the support of Pakistan's political parties, including former Prime Minister Imran Khan's party, for a recently announced $3 billion bailout programme, as the country prepares for national elections, the lender said on Friday. The new bailout programme, a nine-month stand-by arrangement, will be taken up for approval by the IMF board on 12 July, and replaces a four-year Extended Financing Facility programme, originally signed by Khan's government in 2019, and which expired last month. The IMF's resident representative Esther Perez Ruiz said in a statement that the meetings with political parties were to "seek assurances o

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